FINANCIAL_SERVICESRECOMMENDED

FFE Recommends 50% Fixed-Income Allocation to Jennison

The Foundation for Excellence recommended retaining Jennison in its investment manager lineup and assigning 50% of fixed-income assets to the manager under a proposed reallocation. Jennison is included in the collective $800,000 proposed 2027 investment management fee budget.

Document date · September 14, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Scope & details

The full contract record, as filed.

Contract amount
Included in $800,000 proposed 2027 investment management fee budget; fixed-income allocation to be 50% under the recommended reallocation
Contract type
FINANCIAL_SERVICES
Contract term
Existing mandates; 2026-2027 budget years
Renewal
Existing mandate; recommended reallocation of fixed-income assets between Jennison Associates and Loomis-Sayles.
Document type
AgendaPacket
Source document
Kalamazoo Foundation for Excellence AgendaPacket Finance Committee Meeting September 14, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Kalamazoo?

JENNISON was awarded this financial services contract by City of Kalamazoo, as recorded on September 14, 2026. The contract value is Included in $800,000 proposed 2027 investment management fee budget; fixed-income allocation to be 50% under the recommended reallocation.

How much is the JENNISON contract with City of Kalamazoo worth?

The JENNISON contract with City of Kalamazoo is valued at Included in $800,000 proposed 2027 investment management fee budget; fixed-income allocation to be 50% under the recommended reallocation, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Kalamazoo Foundation for Excellence AgendaPacket Finance Committee Meeting September 14, 2026 (AgendaPacket), dated September 14, 2026 from City of Kalamazoo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does JENNISON hold?

JENNISON may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View JENNISON's profile

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